Voluntary Disclosure Program

Have you ever filed a tax return without fully disclosing your income?

Do you own any foreign property that hasn’t been disclosed to the Canada Revenue Agency?

The Canada Revenue Agency gives taxpayers a second chance to submit all of their prior assessment submissions without being penalised. Any undeclared income or foreign property can be declared under the Voluntary Disclosure Program. Additionally, if CRA approves of the disclosure conditions in your situation, you won’t be subject to all fines.The CRA may waive it.